Italy says six EU states will take in migrants on Open Arms ship

ROME — Italian Prime Minister Giuseppe Conte said on Thursday that six EU countries had agreed to take in some 150 migrants who have been blocked from docking in Italy, resolving the latest standoff over immigration to Europe across the Mediterranean.

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British passport among the world’s most powerful and sought after? Who is at the top?

The most powerful passports in the world have been unveiled/ /Ross McGuinness,Yahoo News UK

With Brexit looming, the UK has slid down the list, while the passport power has shifted to Asia.

Japan and Singapore have held on to their joint top spot, with each country offering visa-free access to 189 destinations.

President Donald Trump’s economic officials are reassuring investors about recent white-knuckle stock market volatility, while Trump’s political advisers are increasingly alarmed that the economy could present a stiff 2020 campaign headwind. Many of Trump’s political allies acknowledge that his reelection prospects hinge in large part on how Americans judge their economic prospects at the time of the next election. But many independent analysts say that recent market turbulence is a warning sign that the U.S. economy will likely slow and maybe even tip into recession by 2020.

China, United States Trade War: Threat to global economy

Threats to the global economy do not come much bigger than a trade war. Tariffs helped turn a stock market crisis and recession into the Great Depression back in the 1930s, scarring the world economy for decades to come.

The key lesson for the best part of the past century was that prosperity flows when borders are open to trade.

So far the trade spat between the US and China has not tipped the world into crisis. That is not guaranteed to continue: IMF chief Christine Lagarde this week warned it is “a threat for the global economy.”

The trade war started at a time of strong economic growth, and central banks around the world have responded with economic stimulus measures, dampening the conflict’s impact.

However, global growth has weakened since then and the current fragile stability could let much of the world avoid a recession, if there are no more shocks.

Yet that could change this week. After months of negotiations, the US looks set to raise more tariffs on Chinese imports.

China’s new Silk Road project and South Asia

Italy sign on to China’s ‘One belt, One Road


China hails ‘historic’ Europe trip as Xi signs billion-dollar deals with France, BRI with Italy —
Tasha Wibawa



Chinese President Xi Jinping is wrapping up his overseas jaunt of the year, visiting Europe on a mission to strengthen Beijing’s ties to the region.